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PwC has announced the successful completion of its acquisition of Booz & Company, with all closing conditions for the deal now met.
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Name change after global consulting group acquired by PwC
04 April 2014
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To mark the occasion, Booz & company has changed its name to Strategy&.
The new name will be used alongside the PwC brand and “reflects the strength in strategy consulting that Booz & Company brings to the PwC Network”, according to a PwC Statement.
Dennis Nally, chairman of PricewaterhouseCoopers International welcomed the Strategy& team to the PwC network, saying the acquisition is a significant step forward for PwC and its stakeholders.
“This combination of PwC and Strategy& will see PwC lead the way in changing the landscape of the global consulting business,” he said
“Businesses are navigating unprecedented, disruptive threats and organisations increasingly want the right strategy and the ability to execute it. Together PwC and Strategy& meet this need”.
Cesare R. Mainardi, chief executive of Strategy&, said PwC’s acquisition would allow the group to offer both their clients and their people a bigger, broader, and better opportunity to connect strategy to impact.
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“Strategy& brings a 100-year heritage of practical strategy advice to PwC’s broad and deep portfolio of expert advisory services”.
“On day one, we can meet clients’ needs for a full menu of strategy-through-execution services, and a single point of access in delivering results. We have the footprint, the scale, the resources, and the proven capabilities to help global enterprises every step of the way from strategy to outcomes. It’s an exciting prospect,” she said.
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